Supramax RSA
The Process
In CTM’s Supramax Revenue Sharing Agreement (RSA), all of the vessels are run together and the incomes generated are distributed to the members according to the revenue earning capabilities of their vessels within the Agreement. All Supramax RSA members get unmatched access to their vessels through the RSA App all at the push of a button.
- A Revenue Sharing Key establishes the relative theoretical earning capacity of each Member Vessel on a time charter basis (based on the description of that Member Vessel)
- The vessel is assessed by CTM’s chartering managers on the basis of tradability and performances (Dwt, Cubic Capacity, Draft, Service, eco speed & consumption, grabs etc) and a Revenue Sharing Key is established.
- The Key is calculated on the basis of the 10 Supramax index routes as published by the Baltic Exchange and based on the RSA Matrix (covers WW trading).
- Vessel performances are constantly being monitored and in the case that a vessel is over/under performing the Revenue Sharing Key is then reassessed.
Flexibility without unnecessary Costs
Facts and figures of CTM spot managed fleet today
60,500
Average DWT
9 Years
Average Age
50,000 - 64,000
Vessel Sizes
World Class Operator
World class operator provides hassle free chartering of vessels
Collective Intelligence
More vessels = increased information and more opportunities
Diversification
Diversification by charterer so as to spread any potential counter-party risk
Spot Market
All chartering to be done on the spot market
Long Standing Experience
Long standing chartering experience with major operators/charterers
Commercial Management
Round the clock commercial management, chartering and operations
Number of RSA Members
Number of Vessels in the Pool
